27301-27335 W 11 Mile Rd, Southfield, MI 48034
Flex/Industrial property available for sale in Southfield, Michigan.
- Added:
- Jul 12, 2025
- Days on Market:
- 361
- Last Refresh:
- Jul 5 at 1:42 pm
Property Features for 27301-27335 W 11 Mile Rd
General Information
- Standard status
- Active
- Size
- 108,102 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1987
Listing office Friedman Real Estate (248) 848-4094
Listing date Jul 12, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate
HighLights
- Built in 1987
Overview
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.95M | $18.00 |
| − Vacancy | −$225.7k | −$2.09 |
| EGI | $1.72M | $15.91 |
| − OpEx | −$602.0k | −$5.57 |
| NOI | $1.12M | $10.34 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Classic Fare Caterers — 28600 W Eleven Mile Rd, Farmington Hills, MI 48336
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.318245
- Latitude
- 42.485085
